It’s way worse than you think and way way worse than you want it to be.
Wealth Inequality in America
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It’s way worse than you think and way way worse than you want it to be.
Wall Street has a hot new old tool, the special purpose acquisition company, a.k.a. the SPAC. This is a public company that is nothing more than a pool of capital and set of advisors in search of a business to buy. It is supposedly a more efficient path for private companies to become public companies instead of the following the traditional IPO. At worst it is flawed solution to a flawed IPO...
In this episode, Geetha Tharmaratnam, Raj Kulasingam, Vivian Nwakah Christophe Viarnaud, and Luni Libes discuss alternative investment models in Africa. For more details on these models, see California Capitalism or buy the book on Amazon. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click...
The right framework can uncover the most hidden of assumptions. For example, the 2021 winter blackouts in Texas. While the politicians and news debate over windmills, natural gas, and deregulation, they are missing the the framework and thus talking trees instead of forest. The better way to look at this problem is the consequence of a hidden tradeoff we make with all our big, complex...
Predicting the coming year is next to impossible. But some predictions of the coming decade and century are easy, obvious, and 99% likely to come true. I’m enjoying an early view into one of those: battery-backed solar. It is dim, drizzly, and chilly in Seattle, the opposite weather of every image you’ve ever seen for solar power. We will literally get less than six hours of daylight...
The last government antitrust breakup was AT&T back in 1984. It followed the model of Standard Oil back in 1911. Business and technology have changed a lot since the Sherman Anti-Trust Act was written and passed 130 years ago, in 1890. It’s time we update what we mean by trust-like behavior and how we remedy those consequences. Note that the breakups of Standard Oil and AT&T were...
